Filing Flows › Pedevco (PED) › Q2 2026
Pedevco (PED) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Pedevco (PED) reported revenue of $46.1M for the second quarter 2026 (Q2 2026), +561% from a year earlier and +15% from the quarter before. Operating margin was 33.3%, net earnings $17.5M (37.9% of revenue).
Pedevco, Q2 2026: revenue $46.1M (+561% year over year), operating margin 33.3%, net earnings $17.5M, operating cash flow $15.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $46.1M | +15% | +561% |
| Operating profit | $15.4M | +129% | — |
| Net earnings | $17.5M | — | — |
| Operating cash flow | $15.3M | +46% | — |
| Free cash flow | $11.8M | — | — |
What changed
Revenue was $46.1M in Q2 2026, up 561% year over year and up 15% from the previous quarter. Oil Sales was the largest line at 92% of revenue. Oil Sales added $36.2M year over year (up 586%), 93% of the total change.
Operating profit was $15.4M, a 33.3% margin (up 65.5 points year over year). Total costs grew 234% against revenue growth of 561%. The fastest-growing cost line was Other operating costs (+264%). Net earnings were $17.5M. The effective tax rate was 5.6%.
Operating cash flow was $15.3M, 88% of net earnings. Non-cash charges added back $10.2M of depreciation and amortization and $412K of share-based compensation. Working capital and other items used $12.7M. Capital expenditures of $3.5M left free cash flow of $11.8M.
Questions
What was Pedevco's revenue in the second quarter 2026?
Pedevco (PED) reported revenue of $46.1M for the second quarter 2026 (Q2 2026), +561% from a year earlier and +15% from the quarter before.
Was Pedevco profitable in the second quarter 2026?
Operating profit was $15.4M (33.3% of revenue) and net earnings $17.5M.
Source: Pedevco 10-Q on SEC EDGAR.